Quick Breakdown SharpLink Gaming boosts its Ethereum reserves with a $78.3 million purchase, totaling over 859,000 ETH. The firm plans to tokenize its Nasdaq-listed SBET shares on Ethereum through a partnership with Superstate. Corporate treasuries now hold nearly 5.98 million ETH, reflecting rising institutional confidence in Ethereum. SharpLink Gaming has ...
Quick Breakdown First-of-its-kind move: SharpLink will issue its Nasdaq-listed SBET shares directly on Ethereum, with Superstate as transfer agent. DeFi ambitions: The firms plan to explore compliant secondary trading of tokenized equity via AMMs. Cautious markets: SBET shares fell 7.63% after the announcement, reflecting investor uncertainty. SharpLink Gaming, Inc. is ...
SharpLink Gaming has significantly increased its Ethereum (ETH) holdings to an estimated $1.65 billion. Over the past days, SharpLink executed multiple purchases amounting to $54 million in ETH, raising its total Ether balance to approximately 480,031 coins, according to blockchain data analytics from Arkham Intelligence. Notably, one of the largest ...
